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Buying

How a purchase works

Steps, parties, timings and documents. Timings are typical, not guaranteed.
StepPartiesTimingDocuments
1. Foreign investment authorisationBuyer, via representative; GovernmentBefore signingPassport, proof of funds, property description
2. Bank accountBuyer; Andorran bank2–6 weeksPassport, source of funds, references
3. ReservationBuyer, seller, licensed brokerDay 0Reservation agreement, deposit
4. Due diligenceBuyer's lawyer2–6 weeksTitle, charges, urban planning, community statutes
5. Private contract (optional)Buyer, sellerAfter due diligenceContract, deposit
6. Notarial deedNotary, buyer, sellerCompletionAuthorisation, payment, IDs
7. Registration and taxesNotary; Property Registry; tax officeAfter deedTransfer tax payment, deed